Universal Entertainment Announcement of Criminal Complaint to Mr. Stephen A Wynn

Universal Entertainment Announcement of Criminal Complaint to Mr. Stephen A
Wynn

TOKYO, Dec. 13, 2012 (GLOBE NEWSWIRE) -- Universal Entertainment Corporation
(hereafter referred to as the "Company") group is currently a party to pending
litigation with Wynn Resorts, Limited (Nasdaq:WYNN) (hereinafter referred to
as "Wynn Resorts"). The Company hereby announces that a subsidiary of the
Company, Tiger Resort Leisure and Entertainment Inc. to Stephen · A · Wynn who
is a chairman of Wynn Resorts criminal complaint of criminal defamation
multiple crime under Article 353 to Republic of the Philippines Department of
JUSTICE the Office of the city prosecutor Paranaque city, due to being subject
to defamation, damage to credit and other harm as a result of the press
release posted by Wynn Resorts on its official website on February 19, 2012
(United States time).

(Circumstances)

1. A dispute arose between Mr. Okada and respondent involving, among others,
Mr. Okada's opposition to an anomalous donation pledged by Wynn Macau Limited,
a Macau subsidiary of Wynn Resorts in Macau.

2. Mr. Okada's actions did not sit well with respondent, as the latter feared
that an investigation would reveal that the purpose for the huge donation in
Macau was improper and illegal. This prompted respondent Wynn to use the
Philippine project as a pretext to eliminate and take over Mr. Okada's
stockholdings (through Universal Entertainment Corporation and Aruze USA
Inc.), and remove him from Wynn Resorts.

3. The Board meeting of Wynn Resorts determined that Mr. Okada and his
companies must have engaged in corrupt activities in connection with the
Philippine project, based on the supposition that "the Philippines is a
corrupt country" and further determined that Mr. Okada was to be dismissed
from his position as Vice Chairman of Wynn Resorts.

4. Respondent thereafter hired Mr. Louis Freeh and his firm, Freeh Sporkin &
Sullivan LLP , to conduct an investigation of the alleged corrupt activities
of Mr. Okada and his companies.The investigation was clearly an afterthought
and was commissioned for the purpose of providing justification for the
baseless findings of the Compliance Committee.

5. Respondent maliciously caused copies of the Freeh Report to be given to the
press, which enabled several newspapers to publish the contents of the Freeh
Report.

6. On 19 February 2012, Wynn Resorts, under the direction and control of
respondent, maliciously issued a global press release, published on its
website, containing the libelous accusations against Mr. Okada and his
associates and companies, i.e., complainant Tiger Resort Leisure and
Entertainment, Inc., Universal Entertainment Corporation, and Aruze USA Inc.

7. The Primer on Cybercrime issued by the Department of Justice on 26 November
2012 provides that "as of the moment, cybercrime-related cases are dealt with
using existing laws."This means that internet libel may be "dealt with" or
prosecuted under the existing provisions of the RPC on libel.

The complaint-affidavit is available at
http://media.globenewswire.com/cache/22403/file/17216.pdf

CONTACT: MEDIA CONTACTS:
         Universal Entertainment Corporation (JASDAQ Code: 6425)
         PR&IR OFFICE Nobuyuki Horiuchi, Assistant General Manager
         Email address:ir@universal-777.com
         Ariake Frontier Bldg,A,3-7-26 Ariake,koto-ku,Tokyo,135-0063 JAPAN
         TEL: +81-3-5530-3055 (switchboard)
 
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